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“Where many may perceive higher cost with greater value, this is not the case with Symbiant as they deliver an affordable solution with very robust features that enable organisations to manage GRC.” -Michael Rasmussen, GRC 2020
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The problem with traditional AI in GRC According to a recent Gartner survey, more than half of CEOs believe their CIOs lack the knowledge to effectively implement AI. Yet these same executives are pushing for increased AI investment across key
CFTC Sets Record in FY 2024 with $17.1 Billion in Sanctions and Relief In 2024, businesses were hit with a record-breaking $17.1 billion in regulatory fines, with the CFTC leading a crackdown across multiple industries. This alarming figure underscores a
Introduction The Third Line of Defence (3LoD) model ensures effective internal auditing and risk management. Therefore, effective risk management is necessary and a strategic advantage for organisations in today’s complex business environment. Indeed, it is key to safeguarding assets, reputation,
Introduction ISO 31000 and ISO 22301 are international standards closely related to risk management. However, they have different objectives and focuses within your organisation. In the most basic sense, ISO 31000 is a risk management standard that provides a framework
In the intricate decision-making landscape, the idiosyncratic nature of risk assessment often introduces a challenging dimension to strategic planning. Risk subjectivity, the inherent tendency for individuals or teams to interpret and evaluate risks with varying perspectives, stands as a silent
How to create your Risk Register We often get asked when setting up a new risk platform, “Where do we start”? and the answer is simple – start by logging your business objectives. The international standard on risk management ISO
The Symbiant Risk Workshops One of a risk managers’ biggest dilemmas is achieving company-wide participation in the organisations’ risk management process. Every Risk Manager knows the benefits of departmental managers collaborating in the organisation’s risk program. Obviously, it’s also a